$3,999,800
7Beds5Baths2,371SqFt
1320 W Balboa BoulevardNewport Beach, CA 92661Balboa Peninsula (Residential)
Sold
116 42nd Street sold on May 26, 2026 for $2,950,000, 1.5% below the $2,995,000 asking price after 1 day on the market. The buyer financed the purchase with a conventional loan. The details are below for reference.
116 42nd Street, Newport Beach, CA 92663
$2,950,000
- Beds
- 3
- Baths
- 2
- Sq Ft
- 1,258
- Per Sq Ft
- $2,345
- Sq Ft Lot
- 2,548
- Built
- 1957
- Garage
- 2-car
Call Clark Smith (949) 494-8830
Subdivision Balboa Peninsula (Residential)
31 single-family homes sold in the past 12 months · median $6,925,000
About 116 42nd Street
Charming beach cottage 4 houses off the sand with new roof, windows, and siding. Walk up to a classic white picket fence bordering a large patio that leads straight through the turquoise baby blue dutch door into your next home. On your left is the charming living room with generous fireplace and on your right is a large peninsula and bar for eating and drinking with friends and family. Just beyond the kitchen is a little garden wall framed by succulents that wanders out to the side yard or dog run. Brand new carpet in all the rooms and charming tile work in the baths. Home features a large two car garage with storage and work bench.
Property details for 116 42nd Street
This 3-bedroom, 2-bath single-family home sits in the Balboa Peninsula (Residential) neighborhood of Newport Beach in Orange County. It offers 1,258 square feet of living space. The home was built in 1957. The MLS record lists the assessor parcel number as 423-311-07. Highlights include a fireplace, single-story living, an attached two-car garage, and a 2,548-square-foot lot. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.
Home Details
- Price
- $2,950,000
- Days On Site
- N/A
- Bedrooms
- 3
- Inside Area (SqFt)
- 1,258 sqft
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- N/A
- Lot Size
- 2,548 SqFt
- Year Built
- 1957
- MLS® Number
- PW26078910
- Status
- Sold
- Property Tax
- N/A
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- Assessor
General Features
- Property Type
- Single Family Residence
- MLS Number
- PW26078910
- Year Built
- 1957
- Living Area (sq ft)
- 1,258
- Living Area Source
- Assessor
- Lot Size (sq ft)
- 2,550
- Lot Size (acres)
- 0.0585
- Levels
- One
- Bedrooms
- 3
- Full Baths
- 2
- Garage Spaces
- 2
- Parking Spaces
- 2
- View
- None
- Parcel Number
- 42331107
- On Market Date
- 2026-04-13
- Listing Terms
- Standard
Interior Features
- Interior Features
- All Bedrooms Down
- Appliances
- Dryer, Washer
- Heating
- Central
- Cooling
- None
- Fireplace
- Living Room
- Laundry
- In Garage
- Main Level Bedrooms
- 3
- Main Level Bathrooms
- 2
- Entry Level
- 1
- Common Walls
- No Common Walls
Exterior Features
- Lot Features
- Zero To One Unit Acre
- Pool Features
- None
- Sewer
- Public Sewer
- Water
- Public
- Units
- 1
Community Features
- Subdivision
- Balboa Peninsula (Residential) (BALP)
- Community Features
- Suburban, Sidewalks
Property History for 116 42nd Street
| Date | Event | Price | Note |
|---|---|---|---|
| May 26, 2026 | Sold | $2,950,000 | |
| Apr 13, 2026 | Listed for sale | $2,995,000 |
No prior MLS sales on record for this home since 2012.
About Newport Beach
Set along the Pacific in Orange County, Newport Beach surrounds Newport Harbor, where Balboa Island, Lido Isle, and the Balboa Peninsula frame one of California's largest recreational harbors. The city stretches from the Balboa and Newport piers to Corona del Mar and Fashion Island, within the Newport-Mesa Unified School District.
Balboa Peninsula (Residential) home sales, past 12 months
31Homes sold
$6,925,000Median price
51Median days on market
$2,616Median per sq ft
Recorded MLS closings of single-family homes, Sep 20, 2025 to Sep 20, 2026. Days on market run from listing to going under contract.
Recent Balboa Peninsula (Residential) sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 1440 W Bay Avenue | Sep 9, 2026 | $9,125,000 | 3,264 | $2,796 | 0 |
| 3601 Lake Avenue | Sep 4, 2026 | $4,500,000 | 2,200 | $2,045 | 7 |
| 6704 W Oceanfront | Sep 2, 2026 | $8,400,000 | 2,640 | $3,182 | 91 |
| 524 W Oceanfront | Sep 1, 2026 | $13,650,000 | 6,249 | $2,184 | 78 |
| 1589 E Ocean Boulevard | Aug 18, 2026 | $4,000,000 | 3,052 | $1,311 | 11 |
School District for 116 42nd Street
As listed in the MLS record. Confirm attendance boundaries with the school district.
The MLS record lists the Newport Mesa Unified.
Living in Newport Beach covers its schools, parks and beaches.
Looking for something similar
116 42nd Street is no longer on the market, but comparable homes come up in Newport Beach regularly. We can tell you what this one actually closed at and set up alerts for listings that match it.
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Selling near 116 42nd Street
Thinking of selling nearby? We bring current Balboa Peninsula (Residential) sales data and a clear pricing strategy to every listing, backed by more than 700 closed sales and over $1B in Orange County volume. Start with a free home valuation, or reach out to talk through your options.
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Listed by Lucas Kinney of Balboa Island Estates
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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